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Vatican froze two million euros in suspect funds in 2016

The money was frozen following alerts from the Vatican Financial Intelligence Authority (AIF)

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Vatican

Reuters  |  VATICAN CITY 

Vatican authorities froze more than two million euros in cases of suspected money laundering in 2016 as part of Pope Francis' drive to clean up the finances of the Holy See, its chief magistrate said on Saturday. Gian Pietro Milano, whose official title is Promoter of Justice, made the disclosure during his annual address on the state of the Vatican's criminal justice system. Milano gave no details in his speech but added that the total amount of suspect money frozen between 2013 and 2016 was about 13 million euros. The money was frozen following alerts from the Vatican ...

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First Published: Sat, February 18 2017. 19:26 IST
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